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Genuine Parts Company Reports Strong Second Quarter Results

ATLANTA, July 21, 2026 - Genuine Parts Company (GPC), recognized as a leader in the automotive and industrial replacement parts sector, has announced robust financial results for the second quarter ending June 30, 2026. The company is confident about its outlook for the remainder of the year, promising adjusted earnings per share (EPS) of between $7.50 and $8.00.

Financial Highlights

For the second quarter of 2026, Genuine Parts achieved sales of $6.5 billion, reflecting a 6.0% increase compared to the previous year's $6.2 billion. This growth was fueled by several factors:

• - A 3.4% rise in comparable sales.
• - A 1.4% positive impact from foreign currency fluctuations.
• - A 1.2% boost due to acquisitions.

The company's net income for the quarter stood at $228 million, or $1.65 per diluted share, declining from $255 million, or $1.83 from the same period last year. However, adjusted net income was impressive, amounting to $296 million, or $2.15 per diluted share, up from last year's adjusted net income of $292 million, which was $2.10 per share.

Segment Performance Breakdown

North America Automotive Parts Group

In the North American market, sales reached $2.5 billion, a 3.8% increase year-over-year. This was attributed mainly to a 2.6% growth in comparable sales alongside a 1.3% advantage from acquisitions. The segment’s EBITDA was $208 million with an EBITDA margin of 8.2%, slightly up from the prior year.

International Automotive Parts Group

International sales were even more robust, totaling $1.6 billion, a notable 8.2% rise driven by a 4.9% positive impact of foreign currency, 2.7% from acquisitions, and a 0.6% increase in comparable sales. The segment’s EBITDA also increased by 6.0% to $150 million, with a margin of 9.4%.

Industrial Parts Group

The Industrial segment reported sales of $2.4 billion, an increase of 7.1% from the previous year, attributed mainly to a 6.1% rise in comparable sales. Their EBITDA jumped 9.8% to reach $316 million, enhancing the EBITDA margin to 13.1%.

Year-to-Date Results and Cash Flow Summary

Overall for the first half of 2026, the company reported total sales of $12.8 billion, demonstrating 6.4% growth from the previous year. The net income stands at $416 million for the six-month period, translating to $3.01 per diluted share.

The organization has also shown strong cash flow management, generating $464 million from operations up until June 30 of this year. With cash on hand of $559 million, the company has ample liquidity to support operational expenditures and planned investments.

2026 Outlook Confirmation

Genuine Parts remains optimistic about its financial projections for the fiscal year. The company reinforces its previous guidance for adjusted diluted EPS to remain between $7.50 and $8.00. While sales growth for North America Automotive is projected between 2.5% and 4.5%, the international sector expects a growth bump of 5% to 8%.

Conclusion

The encouraging results from the second quarter illustrate Genuine Parts Company's resilience amidst a challenging global market. The strategic decisions made in recent years, including focusing on operational efficiency and effective management of resources, seem to be paying off. Investors and analysts will closely watch GPC’s performance moving into the latter half of 2026, especially as the company prepares for its anticipated separation into distinct automotive and industrial entities, expected in early 2027.

For more information, you can follow the upcoming conference call led by company executives, where further insights about future plans and Q&A will be discussed in detail.